Unable to start application with Android Emulator on Windows because of "Failed to read or create install properties file"

I am using the Jet Brains Rider v2025.3.1 for cross-platform development.

Trying to start the application of .NET MAUI Blazor Hybrid and Web App type, I have got the following message:

Update Emulator

The currently installed emulator is no longer supported by this version of Android Studio.

Please update the emulator to version 34.1.20 or later.

If I click "OK", the following error will occur:

Packages to install: - Android Emulator (emulator)

Preparing "Install Android Emulator v.36.3.10".

Failed to read or create install properties file.

Failed packages:

Android Emulator (emulator)

From Visual Studio 2026, works fine:

Is it a Rider bug, or am I doing something wrong?

There are some topics similar to this one, but the solutions were for Linux.